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Listing Performance of HDFC AMC. IPO Opening Date: 25 July 2018. IPO Closing Date: 27 July 2018. Finalisation of Basis of Allotment: 1 August 2018. Initiation of refunds: 2 August 2018. Transfer of shares to demat accounts: 3 August 2018. Listing Date: 6 August 2018. Listing Price on NSE: INR1,726.25 per share (up 56.93% from IPO price) Closing ...
Jul 23, 2018 · While this is higher compared to its only listed peer – Reliance Nippon Life AMC (RNL AMC) which is trading at 5.8x; the high RoE of 33.4 percent versus 22.8 percent of RNL AMC, 19 percent PAT CAGR, highest market share and higher component of equity in aggregate AUM, justify the valuation,” said the report which rated HDFC Asset Management Company IPO five out of five.
Jul 22, 2018 · First to hit the markets will be HDFC AMC IPO which opens for subscription on 25 July and it will be a keenly watched offer following the successful listing of HDFC Standard Life last year. The offer, priced in the range of INR1,095 – 1,100 per share , aims to mobilize as much as INR2,800.33 crore by selling 25,457,555 shares .
On the other hand, the IPO company would also like to see a higher subscription for its offer. Let’s understand this with an example. In the case of Aditya Birla Sun Life AMC , the company made an offer of 38,880,000 shares and reserved 1,944,000 shares for shareholders of its parent company Aditya Birla Capital Limited (ABCL).
Jul 25, 2018 · The Bangalore-based research firm has a positive HDFC AMC IPO rating and has recommended investors to subscribe to the offer with a 3 year perspective.
Sep 26, 2021 · Following the IPO, Aditya Birla Capital’s stake in the AMC will drop to 50.01% while Sun Life will pare its stake to 36.49%. Average cost of acquisition of Aditya Birla Capital and Sun Life AMC is INR2.30 and INR2.77 per share, respectively which means that both will reap multifold returns. For Aditya Birla Capital, it translates to an ...
Nov 5, 2017 · Its Operating Return on Embedded Value (RoEV) of 21.7% is among the best in the industry, although behind 23% for SBI Life but comfortably ahead of 16.5% for ICICI Prudential. However, as with most other recent IPOs, HDFC Life IPO is priced to perfection. Its price band of INR275 – 290 per share values the business at a Price/Earnings (P/E ...
Oct 26, 2017 · Reliance Nippon AMC IPO highlights. The IPO opens: 25-27 th Oct 2017 with the Price band: Rs. 247-252 per share. Shares offered to public number 6.12 crore. The FV of each is Rs. 10 and market Lot is 59. The IPO in total will collect Rs. 1,542 cr. while selling 10% of post IPO equity. The offer includes OFS and fresh issue of shares.
Here is a brief snapshot of past and recent IPOs in India with their scorecards. The IPO scorecard indicates best IPOs according to different time frames including listing day, one week, four weeks, and six weeks. We highly recommend readers to view the listing performances along with our IPO Review and Analysis section.
Jul 28, 2018 · PNB MetLife IPO will mobilize as much as INR2,500 crore (INR25 billion) as existing shareholders will offload their shares. This will be the fourth public offer from life insurance sector in India, following listing of ICICI Prudential Life Insurance, HDFC Life Insurance and SBI Life Insurance in the last few years. Here is a quick overview of ...